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Business Dictionary :
Adjust, Adjuster, Adjustment and Adjustor
Adjust, Adjuster, Adjustment and Adjustor
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Adjust : verb : to change something to fit new conditions
• To adjust prices to take account of inflation
• Prices are adjusted for inflation.
Adjuster : noun : person who calculates losses for an insurance company
Adjuster : noun =Adjustor
Average Adjuster = person who calculates how much of an insurance is to be paid
Adjustment : noun : act of adjusting, slight change
• Tax Adjustment
• Wage Adjustment
• To make an adjustment to salaries
• Adjustment of prices to take account of rising costs
Average Adjustment = calculation of the share of cost of damage or loss of a ship
Adjustor : noun = Adjuster
QUOTE : Inflation-adjusted GNP moved up at a 1.3% annual rate (Fortune)
QUOTE : Saudi Arabia will no longer adjust its production to match short-term supply with demand (Economist)